Rentometer, Inc. | Data as of 10/22/2025
Newport’s rental market reflects the city’s blend of historic charm and coastal allure, offering a diverse mix of apartments and single‑family homes that cater to professionals, families, and seasonal residents alike. Many renters are drawn to the iconic waterfront districts, the vibrant downtown area, and the proximity to celebrated attractions such as the Newport Mansions, the historic Cliff Walk, and the lively waterfront harbor. These neighborhoods provide easy access to boutique shopping, acclaimed restaurants, and a thriving arts scene, making the city an attractive place to call home.
Apartment rentals in Newport typically range from the $1400‑$2100 bracket for one‑ and two‑bedroom units, with larger three‑ and four‑plus‑bedroom apartments commanding higher premiums. Prospective tenants will find modern amenities in many of the newer complexes, while historic buildings often preserve classic New England architectural details. For those seeking more space, single‑family houses are prevalent, with rental values commonly spanning the $2500‑$5000 range depending on size and location. Larger homes, especially those with four or more bedrooms, are often situated in the scenic neighborhoods near the harbor or the historic suburbs, providing both privacy and panoramic views of the Atlantic.
The city’s rental landscape is supported by a robust transportation network, including easy commuter routes to Providence and Boston, as well as bike‑friendly streets and walkable districts. Whether you prefer a cozy downtown apartment steps from nightlife and dining, or a spacious family house nestled in a quiet, historic enclave, Newport’s rental options combine convenience, character, and the unmistakable coastal lifestyle that defines Rhode Island’s premier seaside city.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,690 | $1,475 | $620 - $5,000 | $1,200 - $2,000 |
| Apartment | 2 Bedroom | $2,440 | $2,350 | $1,595 - $4,000 | $1,600 - $3,200 |
| Apartment | 3 Bedroom | $2,192 | $2,249 | $1,828 - $2,500 | $1,828 - $2,500 |
| Apartment | 4+ Bedroom | $3,313 | $2,169 | $2,022 - $5,750 | $2,022 - $5,750 |
| House | 1 Bedroom | $3,067 | $2,375 | $720 - $8,000 | $1,800 - $3,200 |
| House | 2 Bedroom | $3,735 | $3,000 | $2,000 - $9,500 | $2,600 - $3,750 |
| House | 3 Bedroom | $4,580 | $3,800 | $1,250 - $16,000 | $3,250 - $4,500 |
| House | 4+ Bedroom | $8,574 | $5,000 | $2,100 - $30,000 | $4,100 - $12,000 |
In the current period, the average rent in Newport was $2,533 for Studio, $2,095 for 1 Bedroom, $3,576 for 2 Bedroom, $4,539 for 3 Bedroom, and $6,430 for 4+ Bedroom.
Data provided by Rentometer, Inc.